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Tag Archives: Production Sharing Agreement (PSA)

ExxonMobil rules out renegotiating Production Sharing Agreement, despite PNCR Norton’s plan

ExxonMobil Guyana’s President, Alistair Routledge on Wednesday almost totally ruled out any renegotiation of the Production Sharing Agreement (PSA) because it would adversely impact on the company’s planned US$55 billion investment in Guyana. “We have no interest to invoke that Article. As I say, we’ve made US$55 billion worth of commitment to the country. To go back and to undermine ...

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Balance interests of Guyana, investors in reviewing 2016 agreement with ExxonMobil; full guarantees necessary for oil spill – analyst

The People’s National Congress Reform/A Partnership for National Unity’s (PNCR/APNU) 20-point plan, including to seek a revision of the Production Sharing Agreement (PSA) with ExxonMobil Guyana and obtain a parent company guarantee for an oil spill clean-up, has been lauded by United States-based commentator and professor, Terrence Richard Blackman. Dr Blackman, who is also an analyst on a range of ...

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